Search Results for: cybercrimes

Role of Crypto and AI in Automated Trading Technology
Artificial Intelligence Cryptocurrency Featured News

Role of Crypto and AI in Automated Trading Technology

Fintech Analyst
Prometheus AI Is Explaining the role of AI and Crypto Science in Automated Trading Technology in 2022 AI’s adoption in automated trading is gaining sizeable investments in recent months. Recently, three former DeepMind executives told CNBC how AI-based reinforcement learning could be used to train systems for algorithmic trading. A......
Fox Wallet Bridges the Gap Between DeFi and CeFi with the Launch of an Africa-First, New and Insured Multi-Crypto Wallet
Cryptocurrency DeFi Digital Wallet News

Fox Wallet Bridges the Gap Between DeFi and CeFi with the Launch of an Africa-First, New and Insured Multi-Crypto Wallet

Fintech News Desk
The new cutting-edge fintech multi-crypto wallet, Fox Wallet makes onboarding into the crypto world easier by accommodating multiple chains and making available DeFi and CeFi opportunities accessible through one convenient location while providing free insurance against cybercrimes Fox Wallet has launched an innovative new entrant to the crypto wallet market,......
FDITECH's Tech Sprint will Showcase New Capabilities to Tackle Ransomware on the US Soil
Big Data Blockchain Featured Risk Management Security

FDITECH’s Tech Sprint will Showcase New Capabilities to Tackle Ransomware on the US Soil

Sudipto Ghosh
Last week, FDIC’s fintech research and innovation lab, FDITECH announced its tech sprint evaluating the most pertinent challenges and dangers associated with the current fintech environment. As part of FDITECH’s tech sprint, FDIC intends to invite participants from the fintech industry who can identify and mitigate complex issues in the......
Data Exfiltration Extortion Reaches Highest Inflection Point
Big Data Featured Security

Data Exfiltration Extortion Reaches Highest Inflection Point; Globally Companies Lost $80 Billion+ to Ransomware

Sudipto Ghosh
Companies are losing billions of dollars to Data Exfiltration Extortion and ransomware attacks. Fintech industry is one of the hardest-hit. Over the past few months, we have witnessed some of the biggest cyber extortions arising from ransomware and data exfiltration, both inflicting severe damage to key markets, including fintech, IT......
ComplyAdvantage Releases State Of Financial Crime Report For 2021
Business Fintech News Risk Management

ComplyAdvantage Releases State Of Financial Crime Report For 2021

Fintech News Desk
Designed as an must-have strategic roadmap for compliance teams, the comprehensive report covers financial crime insights related to fraud, cyber, and money laundering, the rise of crypto, and the ever-changing sanctions landscape ComplyAdvantage, a global data technology company transforming financial crime detection, today announced the availability of the firm’s much anticipated......
Banks and Retailers Urged to Update Fraud Prevention Tools to Protect Consumers and Stop Surging Identity Theft and Fraud
Fintech News Risk Management

Banks and Retailers Urged to Update Fraud Prevention Tools to Protect Consumers and Stop Surging Identity Theft and Fraud

Fintech News Desk
With the holiday shopping season in high gear and COVID-19 cases continuing to skyrocket, identity theft and fraud is occurring at a record pace. According to the FBI, reported cybercrimes alone have risen 300% since the beginning of the pandemic. Fraudsters are using the abundance of stolen personal identifiable information......
Fintech Guest Posts InsurTech

The Future of Cyber Insurance: Flexibility, Transparency & Specialization

Isabelle Dumont
Cyber insurance – a term we’re getting used to seeing more and more these days but I’d argue there remains a general sense of anxiety associated with it. In fact, according to Advisen’s 2020 Cyber Insurance Market’ View survey, the three main identified obstacles to cyber insurance adoption are “not......
5 Major Fintech Trends of 2020
Artificial Intelligence Banking Cryptocurrency Fintech Guest Posts

5 Fintech Trends From 2020!

Shiv Nanda
India is one of the fastest growing Fintech markets in the whole world, alongside China. Digital banking with global payment solutions is on the rise everywhere, and brick and mortar banks are feeling just as threatened to compete with this technology that is predicted to disrupt a giant industry worth......
ZoodMall and OpenSooq Add Qi Card as Payment Option
Fintech News

ZoodMall and OpenSooq Add Qi Card as Payment Option

Fintech News Desk
Iraqi Consumers Gain Safer Way to Transact with Top Retailers Qi Card, the leading electronic payment solution and national debit/credit card of Iraq, today announced that ZoodMall and OpenSooq have joined the legions of retailers accepting Qi Card as a form of payment. This announcement marks the latest in a series......
SpyCloud and Zero Trafficking Join Forces to Unmask Cybercriminals
Fintech News

SpyCloud and Zero Trafficking Join Forces to Unmask Cybercriminals

Fintech News Desk
Evidence uncovered by the two companies will help law enforcement crack down on human trafficking and other cybercrimes SpyCloud, the leading account takeover prevention and fraud investigations company, and Zero Trafficking, a solution provider fighting human trafficking,  announced a partnership to support law enforcement teams investigating human trafficking cases involving......
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